Assura strikes £500m deal to buy 14 private hospitals in UK | Assura
UK healthcare real estate investment and development company Asura has signed an agreement to acquire 14 private hospitals across the UK owned by Canada’s Northwest Healthcare Properties for £500 million, including the London Cancer Centre and Edgbaston Hospital in Birmingham. The deal comes at a time when the NHS is under huge pressure. Near record […]
Delta CEO says global tech outage cost airline $500M
Delta Air Lines CEO Ed Bastian said the recent global technology outage caused the airline to experience widespread flight delays and cancellations, costing the company $500 million. “This cost $500 million,” Bastian said Wednesday on CNBC’s “Squawk Box.” “Over the course of five days, we lost tens of millions of dollars a day in lost […]
Delta suffered $500M loss from Crowdstrike debacle: Ed Bastian
Delta Air Lines CEO Ed Bastian said Wednesday that the airline will face $500 million in damages related to CrowdStrike’s global outage if it takes legal action. The airline has been the slowest of any major U.S. airline to recover from a software update problem with a cybersecurity firm that led to the cancellation of […]
Delta could take $500M profit hit after Crowdstrike outage: analyst
Wall Street analysts say last week’s global CrowdStrike outage could take a $500 million hit to Delta Air Lines’ current quarter profits. Citi Research aviation analyst Steven Trent slashed his third-quarter profit forecast for the Atlanta-based airline by more than $500 million due to the meltdown, which is still causing flight delays and cancellations this […]
Elon Musk wins dismissal of $500M severance suit filed by laid-off Twitter workers
See what’s clicking on FoxBusiness.com Billionaire Elon Musk Former Twitter employees have won dismissal of a lawsuit they filed seeking $500 million in severance payments that Musk allegedly refused to pay them after he bought the social media company now known as X. U.S. District Judge Trina Thompson in San Francisco ruled on Tuesday that […]
Elon Musk’s X wins $500M severance lawsuit from ex-workers
Billionaire tycoon Elon Musk won a lawsuit on Tuesday after a San Francisco federal court sided with Musk in a lawsuit filed by fired employees of Company X who claim he didn’t pay them $500 million in severance pay. U.S. District Judge Trina Thompson ruled Tuesday that about 6,000 employees who were laid off after […]
Bloodbath at Paramount as Studio Announces $500M in Cuts
Paramount plans to soon sell off part of its studios, cut $500 million in expenses, and begin cutting jobs. Paramount’s three co-CEOs — Brian Robbins, who runs the film studio, Chris McCarthy, who is in charge of Showtime and MTV, and George Cheeks, who oversees CBS — gathered about 500 employees on the campus on […]
Man suing DraftKings in alleged $500M masked-man extortion plot
A Queens man claims he was the central figure in a $500,000 extortion scheme backed by DraftKings. In the Queens County lawsuit Acquired by NextThe anonymous plaintiff alleges that in March 2023, a masked man threatened him near his Long Island City home, “grabbing him, shaking him roughly and threatening to kill him unless he […]
Paramount shares drop as top execs unveil $500M cost-cutting plan
Paramount Global shares fell on Tuesday after its chief executives announced a major restructuring plan that included $500 million in annual cost cuts. The company’s future remains uncertain amid talks of a possible merger with Skydance Media. The executives — CBS President and CEO George Cheeks, Showtime/MTV Entertainment Studios President and CEO Chris McCarthy and […]
Trump claims to have ‘almost $500m in cash’ despite inability to pay bond | Donald Trump
donald trump claimed As they appeal New York’s civil fraud ruling, their lawyers have complained about the $454 million bail they claim they can’t pay, and on Friday said it was “nearly $500 million bail.” He was able to freely use “dollar cash.” early morning in a big city post “Through hard work, talent and […]